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The volume of DEX on Solana reached $28 billion in December
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The volume of DEX on Solana reached $28 billion in December

Jan 2, 2024

The decentralized exchange (DEX) ecosystem on Solana demonstrated stable activity in the past month.

The leading DEX on Solana, Raydium, reported a weekly decrease of 42.6%, with a 24-hour volume of $224.1 million and a seven-day volume of $2.4 billion. Despite this decline, Raydium maintains its leadership, representing 41.1% of the total volume and reaching $53.6 billion.

Second and third places are held by Orca and Lifinity with weekly decreases of 19.7% and 11.7%, respectively. Orca has a 24-hour volume of $209 million and a seven-day volume of $2.6 billion, while Lifinity reported a 24-hour volume of $47.1 million and a seven-day volume of $824.2 million.

Mango Markets showed a positive change on a weekly basis, increasing by 17.6% and displaying a 24-hour volume of $9.5 million, with a seven-day volume of $332.7 million. Drift, OpenBook, Crema Finance, Sabre, Penguin, Aldrin, Saros, Serum, and Synthetify also contributed to the growth of the Solana DEX ecosystem in the past month.

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